$SPY March 3, 2025AMEX:SPY March 3, 2025
15 Minutes.
we had divergence in the last two LL at 583 and 582 levels.
For the rise 582.44 to 594.74 holding 591-592 is important for short term uptrend to continue.
For the fall 610.7 to 582.44 61.8% retracement is around 599 which is also 200 averages in 15 minutes.
Hence that is the first target for the day, holding 592.
SPY trade ideas
Analyzing the S&P - Understanding algos on a fresh chartThis will be very helpful for those looking at a bare chart and are not certain how to proceed.
This is a somewhat advanced but also very basic walk through of how we can analyze the S&P and broader market in 10 minutes. I can do this for hours and get into way more detail as I do with my students but this will be a helpful refresher for those following my videos - which have already built in algorithms drawn - as to how to start from scratch and what all these lines mean.
Keep in mind however that I do not touch on creating and understanding supply & demand levels here which is a very important part of the confirmation process for actual trading.
Happy Trading all :)
Long SPY: Watch Key Levels for Recovery Next Week
- Key Insights: The SPY is showing signs of recovery after a substantial
decline, bouncing off critical support around $590. Maintaining above this
level is crucial for a bullish outlook. Traders should focus on the
resistance at $600, as surpassing this could ignite further upward momentum.
The external economic factors, including declining oil prices and
fluctuations in interest rates, are providing a supportive backdrop for
equities.
- Price Targets: Next week targets are set at T1=$620 and T2=$630. Stop levels
will be S1=$590 and S2=$583, providing a safety net for long positions while
aligning with current market conditions.
- Recent Performance: SPY recently faced a challenging period with six
consecutive days of decline, hitting lows around $585. However, in the last
sessions, it has rebounded over 1.5%, reflecting a shift in market sentiment
toward a more optimistic outlook.
- Expert Analysis: Analysts remain mixed on the pace of recovery, with some
expecting a V-shaped rebound toward $620 by March. The consensus is that
maintaining above vital support levels will be essential for sustaining
bullish sentiment, while any breach below $580 could trigger further market
pessimism.
- News Impact: The broader market dynamics are being significantly shaped by
external factors such as interest rates, which have recently declined from
4.5% to 4.23%. Additionally, falling oil prices under $70 a barrel are seen
as beneficial for reducing inflationary pressures, further adding to the
favorable environment for equities like SPY.
$SPY Analysis, Key Levels & Targets for March 3rd AMEX:SPY Analysis, Key Levels & Targets for March 3rd
Alright, yโallโฆ I am still sick and still dealing with the fatigue so Iโm not going to write a whole lot but here are the levels.
You know what to do with themโฆ lol
And we will go over it all tonight.
Donโt forget to hit the โGrab this Chartโ button under this chart is you want to use it.
SPY at a Critical Reversal! Will Bulls Maintain Momentum? Technical Analysis (TA) for SPY
* Trend Overview: SPY recently bounced off a key support level near 582-585, forming a potential reversal zone.
* Volume & Price Action:
* A strong recovery candle has formed, indicating increased buying activity.
* 600.05 is the next major resistance level to watch.
* If the price clears 597.5, it could gain momentum toward 610-615.
* Indicators:
* MACD is crossing bullish, suggesting potential momentum continuation.
* Stochastic RSI is approaching overbought, signaling potential resistance.
* Support & Resistance Levels:
* Key Support: 585, followed by 582.44.
* Resistance Zones: 600.05, then 611-615.
Options Flow & GEX Analysis for SPY
* Gamma Exposure (GEX) Insights:
* Major Call Resistance: 610-615 (where dealers may start hedging negatively).
* Put Support Wall: 585-580, the strongest downside cushion.
* If price holds 590+, dealers may shift their hedging and push SPY higher.
* IV & Sentiment:
* IV Rank: 34.5 (moderate implied volatility).
* Put Positioning: 103.3%, suggesting heavy hedging on the downside.
Trade Considerations
* Bullish Scenario: If SPY stays above 597.5, it could test 600-605, with 615 as a stretch target.
* Bearish Scenario: If it breaks below 590, it may retest the support at 585-580.
* Options Traders: Watch for GEX shifts; clearing 600 could trigger dealer hedging toward 610-615.
Final Thoughts & Suggestion:
* Short-term traders should watch how SPY reacts at 597.5-600 for confirmation.
* Options traders can look for breakout confirmation above 600 before considering bullish positions.
* Risk management is keyโtight stops are necessary if price rejects resistance.
๐ This analysis is for educational purposes only. Always conduct your own due diligence before making trading decisions. ๐
Weekly $SPY / $SPX Scenarios for March 3 โ March 7, 2025๐ฎ Weekly AMEX:SPY / SP:SPX Scenarios for March 3 โ March 7, 2025 ๐ฎ
๐ Market-Moving News ๐:
๐บ๐ธ๐ Anticipated U.S. Jobs Report ๐: The Bureau of Labor Statistics will release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%. โ
๐ช๐บ๐ถ ECB Interest Rate Decision ๐ถ: The European Central Bank is scheduled to announce its monetary policy decision on Thursday, March 6. Markets anticipate a 0.25% rate cut, which would adjust the deposit facility rate to 2.5%. โ
๐จ๐ณ๐ China's Economic Targets ๐: During the National People's Congress, China is expected to set its economic growth target at around 5% for the year. The government may introduce measures to boost consumption and support growth amid global economic uncertainties. โ
๐ Key Data Releases ๐:
๐
Monday, March 3:
๐ญ ISM Manufacturing PMI (10:00 AM ET) ๐ญ: This index measures the health of the U.S. manufacturing sector. A reading above 50 indicates expansion, while below 50 signifies contraction.โ
๐
Wednesday, March 5:
๐ข ISM Services PMI (10:00 AM ET) ๐ข: This index assesses the performance of the U.S. services sector, with readings above 50 indicating expansion.โ
Trading Economics
๐
Thursday, March 6:
๐ Initial Jobless Claims (8:30 AM ET) ๐: Weekly data indicating the number of individuals filing for unemployment benefits for the first time.โ
๐ฆ Factory Orders (10:00 AM ET) ๐ฆ: This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.โ
๐
Friday, March 7:
๐ทโโ๏ธ Nonfarm Payrolls (8:30 AM ET) ๐ทโโ๏ธ: A key indicator of employment trends, reflecting the number of jobs added or lost in the economy, excluding the farming sector.โ
๐ Unemployment Rate (8:30 AM ET) ๐: The percentage of the total workforce that is unemployed and actively seeking employment during the previous month.โ
๐ต Average Hourly Earnings (8:30 AM ET) ๐ต: This metric indicates the month-over-month change in wages, providing insight into consumer income trends.โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.โ ๏ธโ
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
On The Maco Level SPY is screaming a crash is comingAMEX:SPY is basically at every metric for being over-extended. From the Shiller PE ratio surpassing the all time highs to the buffet indicator at al time highs, take your pick, they all say the same thing. The Chart's trend is dying and the sell offs have been the initial weakness warning signs that retail traders are missing big time rn. Smart money is clearly selling the farm rn and the volume data on the chart backs it up. SPY is a clear sell in imo.
SPY: A bit of a mixed bagSPY, anything less than a Dumpster Fire would be an understatement.
I go over my general thoughts as I have interpreted them from probability metrics. However, owning to the incredible prolonged ranginess post 2-years of continuous, non-stop upside, my traditional approaches to probability modelling are a bit shook and confused. This leads me to not a lot of confidence in what to expect in the longer term; however, confident about the shorter term outlook.
Here are the key take aways of my analysis that are based in the objective data:
SPY is expecting a -1.94% decline into the week (approximately 2%). This can come before upside, or can come after upside, but the expectation is that SPY falls roughly 2% at some point this week. This is calculated from SPY's open price on Monday. So if SPY opens at 594, we would subtract 1.94% from 594 or:
594 - (594 * 0.0194) = 582.48
We should be retracing the 591 range into Monday.
The target probability is bullish, with an expected upside target of around 600.
The best fit bearish target is 588 on the week.
We retain huge resistance at 597 that has provided significant resistance 20% of the time, according to modelled metrics.
We retain substantial resistance at 607, which has provided significant resistance 40% of the time, according to modelled metrics.
We retain ultimate resistance at 612, which has provided significant resistance 100% of the time.
Thanks for watching!
Spy 585 closing Monthly is on point and accurateSpy 585 My bot has been predicting the monthly close price for the past 2 weeks when price was at 607 lol
Spy bot is super genuise ๐ spy is 587 right now I love my bot
๐ SPY Monthly Close Prediction ๐ฎ
--------------------------------
๐น Predicted Monthly Close on 2025-02-28: $584.04
๐น Current Price: $594.54
๐น Max Pain Strike: $490.00
๐น Expiration Date: 2025-02-28
๐ธ Top Option by Open Interest:
- Type: Put
- Strike Price: 470.0
- Open Interest: 153611
--------------------------------
๐น Timestamp: 2025-02-26 | 08:16 PM EST
๐น Short-Term Prediction (Next 24 Hours): $593.96
๐ป SPY 15-Minute Opening Range Breakout (DOWN) ๐
๐น Breakout Price: 594.54
๐น Opening Range Low: 597.31
๐น Time: 2025-02-26 | 08:16 PM PST
๐ป SPY 30-Minute Opening Range Breakout (DOWN) ๐
๐น Breakout Price: 594.54
๐น Opening Range Low: 596.56
๐น Time: 2025-02-26 | 08:16 PM PST
โ ๏ธ No significant overnight gap detected.
We may be entering a short term bear market stay tuned for more updates
JoeWtrades: The Case for a Blow-Off Top Before a Market Crash & How It Could Be Reversed
February 19
Show more
The stock market may be entering a blow-off top phaseโa parabolic surge in asset prices driven by excessive liquidity, speculative euphoria, and momentum-chasing behaviorโbefore experiencing a significant correction or crash. Historically, similar conditions preceded the 1929 Great Depression, the 2000 Dot-Com Bubble, and the 2021 Post-COVID Rally, where rapid price expansions fueled by FOMO (fear of missing out) led to unsustainable valuations before collapsing.
The S&P 500 is at a Make or Break inflection Point!Close of the week, we saw buyers step in, as the SPY hit key interest levels, in the form of its anchored VWAP from the August 'crash' and the medium term moving average. Gap filled as well. The channel bounce, activates the lower boundary as support as well.These levels MUST hold!. Next week will be a big week.
SPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 594.00
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 602.54
Safe Stop Loss - 590.04
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
โโโโโโโโโโโ
WISH YOU ALL LUCK
Trump Pump. Trump Dump. Trading Family,
We had our Trump pump. Now, we are seeing a Trump dump. Tariffs and other geopolitical events are causing market uncertainty. Let's take a look at our charts to find out how much more pain we are in for. And, a positive sign. Smaller cap altcoins and many memecoins appear to be holding strong!
โ๏ธ Stew
SPY - support & resistant areas for today Feb 28, 2025Here are the key support and resistance levels for SPY today, indicating potential reversal or consolidation points. A bounce off these levels may signal long (buy) or short (sell) positions.
These levels are calculated using mathematical models relevant for today's trading session. They may change in the future.
If you find this helpful and want daily insights at 9:30 AM, please boost this post and follow me. Your engagement supports continued updates. Thank you!
Nightly $SPY / $SPX Scenarios for 2.28.2025 ๐ฎ ๐ฎ
๐ Market-Moving News ๐:
๐บ๐ธ๐ PCE Inflation Data Release ๐: The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, is set to be released. Economists predict a 0.3% rise in January and a 2.5% year-over-year growth. This data will provide insights into inflation trends and potential monetary policy adjustments.
๐บ๐ธ๐ Consumer Spending Trends ๐: Personal income and spending data for January will be released, offering a glimpse into consumer behavior amid ongoing economic uncertainties. Analysts anticipate a 0.4% increase in personal income and a 0.1% rise in personal spending.
๐ Key Data Releases ๐:
๐
Friday, Feb 28:
๐ฐ Personal Income and Outlays (8:30 AM ET) ๐ฐ: Reports on personal income, consumer spending, and the PCE Price Index for January.
๐ Pending Home Sales Index (10:00 AM ET) ๐ : Measures housing contract activity, providing insights into the real estate market's health.
๐ #trading #stockmarket #tomorrow #news #trendtao #charting #technicalanalysis